Latest Mining Sector News

West Wits Mining has locked in a ZAR 875 million senior loan facility with Absa and Nedbank, replacing earlier funding and boosting support for its Qala Shallows project; the first new South African gold mine in over 15 years.

IPD Group signals a strong FY26 with EBITDA guidance up 18% and robust revenue growth, underpinned by acquisition integration and operational efficiencies.

Mastermyne Group is poised to hit the top end of its FY26 revenue and EBITDA guidance, bolstered by robust second-half activity and new Anglo American agreements. Despite supply chain hiccups and a financial penalty under appeal, the underground mining services provider maintains a healthy order book and pipeline.

Augustus Minerals has raised $2.5 million through a share placement to fast-track drilling at its flagship Music Well project and advance exploration across its Western Australian and Papua New Guinea assets.

GR Engineering Services has been appointed preferred contractor for Ora Banda's $233 million Davyhurst Expansion Project, marking a major EPC win in WA's gold sector.

Clean TeQ Water has won a significant Design and Construct contract to deploy its proprietary ATA® tailings dewatering technology at Broken Hill Mines’ Rasp Mine, enabling a key production ramp-up and promising both near-term and long-term revenue streams.

Ausgold Limited has promoted Ben Stockdale from CFO to CEO and appointed Reece Olney as GM Operations, reinforcing its leadership as the Katanning Gold Project approaches a final investment decision.

Anson Resources' US arm, A1 Lithium, secures membership in a key US defense consortium, boosting government ties and funding prospects. Its Yellow Cat project earns a positive technical feasibility rating, aligning with US critical minerals priorities.

Aquirian Limited has secured $8 million through a strongly supported placement to accelerate growth of its Drillforce business and support a major $48 million contract at the Lord Byron mine.

Boom Logistics has upgraded its FY26 earnings guidance, anticipating a 31% rise in statutory EPS, backed by $7 million in new contracts across energy and mining sectors.

Helix Resources pushes back against Canex Metals' challenge to its Gold Basin joint venture, affirming compliance with agreements and regulatory standards despite ongoing takeover tensions.

Freehill Mining’s aggregates division hit a new monthly sales high of $427,766 in April, a 23% jump from March, driven by operational upgrades and nearing completion of a key crusher installation. This momentum underpins its strategy to fund copper project development in Chile.